MOBILE PAYMENTS

Analysis exploring the value of mobile money payments against GDP can be found here

AUGUST

Data for August showed another significant increase in the value of mobile money transactions which hit a new record high of over 473 billion KSh. This represents a 5% increase from July and a 54% increase from the year low in April.

APRIL

April Data for the number and value of mobile money payments showed an unprecedented decline, 17% in the number and 16% in the value, of transactions carried out through mobile money services between the end of March and the end of April 2020.

This level of month on month decline has never been seen in mobile money usage before